Sleep Number Chair, President And CEO Shelly Ibach Announces Retirement, No Later Than The 2025 Annual Meeting Of Shareholders
Portfolio Pulse from Benzinga Newsdesk
Sleep Number Corporation announced that Shelly Ibach, its Chair, President, and CEO, will retire by the 2025 Annual Meeting. The company is searching for her successor and plans additional Board and governance changes.
October 30, 2024 | 8:45 pm
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Shelly Ibach, CEO of Sleep Number, will retire by 2025, prompting a search for her successor. The company also plans governance changes.
The announcement of a CEO's retirement can create uncertainty, but the planned transition and search for a successor may mitigate immediate impacts. Governance changes could also influence investor sentiment.
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